Fed’s Daly: US labor market is solid. Not signaling weakness but suggests slowing

Forex Short News
  • US labor market is solid. Not signaling weakness suggests slowing.
  • Inflation could be a one off and not materialize, or a small impact.
  • Could look to begin adjust rates in autumn, and has been her view for some time
  • The fall looks promising for a rate cut.
  • Tariffs will boost inflation but it should dissipate
  • Businesses are cautiously optimistic
  • Very focused on getting inflation back down to 2%

This article was written by Greg Michalowski at www.forexlive.com.